Hungryhouse serves up £50m fundraising

THE OWNER of online food delivery company Hungryhouse has raised $85m (£50.5m) of new funding to help it compete with recently floated rival Just Eat. Delivery Hero said yesterday it will use the funds to strengthen Hungryhouse’s position in the UK and invest in Lieferheld, its sister site in Germany. The funds came from a $6bn unnamed investment fund and existing shareholders.